Calculate the Value of $488 in 1951

What is 488 dollars in 1951 money adjusted for inflation? Convert $488 from 1951 dollars to 2024 dollars.
Amount
$
From
To
$5,988
Adjusted for inflation, $488 in 1951 is equal to $5,988 in 2024.
Annual inflation over this period was 3.49%.
Value of a dollar
Calculates inflation to see what a U.S. dollar was worth in the past and today. View historical and today's current inflation rates, using the CPI provided by the United States government. Inflation data is updated regularly, so results may differ from other websites. How much has the cost of living increased? What was inflation for a specific period?
How much is $488 in 1951 dollars worth?
Year Equivalent
2024 $5,988
2023 $5,793
2022 $5,442
2021 $5,084
2020 $5,016
2019 $4,904
2018 $4,812
2017 $4,713
2016 $4,617
2015 $4,584
2014 $4,549
2013 $4,482
2012 $4,405
2011 $4,278
2010 $4,215
2009 $4,104
2008 $4,100
2007 $3,939
2006 $3,842
2005 $3,715
2004 $3,598
2003 $3,531
2002 $3,449
2001 $3,396
2000 $3,285
1999 $3,199
1998 $3,149
1997 $3,096
Year Equivalent
1996 $2,996
1995 $2,922
1994 $2,846
1993 $2,770
1992 $2,692
1991 $2,612
1990 $2,461
1989 $2,352
1988 $2,253
1987 $2,157
1986 $2,134
1985 $2,055
1984 $1,977
1983 $1,905
1982 $1,835
1981 $1,685
1980 $1,497
1979 $1,322
1978 $1,212
1977 $1,136
1976 $1,083
1975 $1,013
1974 $902
1973 $830
1972 $802
1971 $777
1970 $736
1969 $693
Year Equivalent
1968 $662
1967 $642
1966 $621
1965 $609
1964 $603
1963 $593
1962 $586
1961 $582
1960 $574
1959 $564
1958 $554
1957 $539
1956 $523
1955 $521
1954 $525
1953 $521
1952 $517
1951 $488
1950 $461
1949 $470
1948 $457
1947 $420
1946 $355
1945 $347
1944 $340
1943 $330
1942 $303
1941 $275
Year Equivalent
1940 $273
1939 $273
1938 $281
1937 $273
1936 $269
1935 $262
1934 $258
1933 $256
1932 $285
1931 $314
1930 $336
1929 $334
1928 $338
1927 $346
1926 $349
1925 $338
1924 $338
1923 $330
1922 $338
1921 $379
1920 $369
1919 $322
1918 $267
1917 $226
1916 $201
1915 $197
1914 $195